ROCK HILL, S.C., March 24, 2011 (GLOBE NEWSWIRE) -- 3D Systems Corporation (Nasdaq:TDSC) announced today that the United States District Court for the Eastern District of Michigan, Southern Division, has entered a judgment of patent infringement in its favor against Envisiontec, Inc., Envisiontec GmbH and SIBCO, Inc. (collectively, "Envisiontec") in a case brought by the company.
The Court ruled that Envisiontec's Perfactory® systems infringe a claim of the company's U.S. Patent Number 5,630,981 and that Envisiontec's Vanquish systems (currently sold under the PerfactoryXede® and PerfactoryXtreme® names) infringe a claim of each of the company's U.S. Patent Numbers 5,630,981 and 5,651,934. Both of these patents relate to the company's stereolithography technology.
"We are very pleased with this decision," said Abe Reichental, 3D Systems' President and Chief Executive Officer. "The District Court's ruling confirms our long-held belief that Envisiontec has been violating 3D Systems' intellectual property rights."
3D Systems has commercialized the patents found to be infringed by Envisiontec, as well as other patented inventions, in its Viper TM and iPro ™ SLA, among others.
Forward-Looking Statements
Certain statements made in this release that are not statements of historical or current facts are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements may involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the company to be materially different from historical results or from any future results expressed or implied by such forward-looking statements. In addition to statements that explicitly describe such risks and uncertainties, readers are urged to consider statements in the conditional or future tenses or that include terms such as "believes," "belief," "expects," "estimates," "intends," "anticipates" or "plans" to be uncertain and forward-looking. Forward-looking statements may include comments as to the company's beliefs and expectations as to future events and trends affecting its business and are necessarily subject to uncertainties, many of which are outside the control of the company. The factors described under the headings "Forward-Looking Statements," "Cautionary Statements and Risk Factors," and "Risk Factors" in the company's periodic filings with the Securities and Exchange Commission, as well as other factors, could cause actual results to differ materially from those reflected or predicted in forward-looking statements.
About 3D Systems Corporation
3D Systems is a leading provider of 3D content-to-print solutions including 3D printers, print materials and custom part services. Its expertly integrated rapid prototyping and manufacturing solutions reduce the time and cost of designing new products and printing real parts directly from digital input. These solutions are used to design, communicate, prototype and produce functional end-use parts; customers create with confidence.
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CONTACT: Investor Contact: Stacey Witten 803-326-4010 E-mail: WittenS@3dsystems.com Media Contact: Katharina Hayes 803-326-3941 Email: HayesK@3dsystems.com